# PPP loan: IOWA ROTOCAST PLASTICS, INC.
> **$2.01M** approved 04/05/2020 · Paid in Full · Loan `5120097007`
## Borrower
- **Name:** IOWA ROTOCAST PLASTICS, INC.
- **Address:** 1712 Moellers Drive, DECORAH, IA, 52101-7304
- **NAICS:** 326199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.01M
- **Initial approval:** $2.01M
- **Forgiven:** $2.04M (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.01M
- **Jobs reported:** 172
## Lender
- **Originating:** Decorah Bank & Trust Company
- **Servicing:** Decorah Bank & Trust Company (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*